All articles by Verdict Staff
Verdict Staff
DTCC and banks form client data and documentation utility
The Depository Trust & Clearing Corporation (DTCC), together with six founder banks, is planning to establish Clarient Entity Hub to standardization and transparency during the client on-boarding process and ongoing client lifecycle events.
AXA Investment Managers hires new senior economist
AXA Investment Managers (AXA IM) hires David Page as new senior economist to bolster its research and investment strategy team.
Cantor Fitzgerald Wealth Partners buys Capital Planning Advisory Group
US-based Cantor Fitzgerald Wealth Partners will acquire Yardley-based registered investment advisor Capital Planning Advisory Group (CPAG) for an undisclosed sum.
BNY Mellon appointed by NASDAQ OMX Clearing to provide treasury clearing and custody
BNY Mellon has been appointed by NASDAQ OMX Clearing to provide EMIR (European Market Infrastructure Regulation) compliant clearing and custody services for US Treasuries within the NASDAQ OMX Group’s new European clearing business.
Mitsubishi UFJ Financial names new MD in the corporate advisory group
Mitsubishi UFJ Financial Group (MUFG) said that Jeffrey Lipton has joined MUFG as Managing Director of Corporate Advisory in the Investment Banking and Markets Group.
Nikko Asset Management expands institutional business team
Nikko Asset Management has named Stefanie Drews as global head of institutional marketing and proposition.
TD Asset Management plans to terminate operations of two TD pools
TD Asset Management (TDAM), the manager of TD Pools, plans to terminate the operations of the TD Global High Yield Pool and the TD Global High Yield Pool Trust (the “Pools”), on or about 3 October 2014.
Barclays Wealth sees more senior executive departures
Barclays Wealth has reportedly restructured its business which has seen more senior departures from the wealth management unit.
Banca Esperia and Xchanging sign IT services agreement until 2017
Banca Esperia, the private banking firm of Italy’s Mediobanca and Mediolanum, specialized in wealth planning services and asset protection solutions, and Xchanging, the business process, procurement and technology services provider, today announced that they have renewed their collaboration.
Sankaty Advisors agrees to buy JP Morgans investment portfolio
Sankaty Advisors, the independently managed credit affiliate of Bain Capital, has entered into an agreement to purchase a portfolio of loans and other securities from JP Morgan’s Global Special Opportunities Group.